San Francisco a Top Destination for Chinese Investment
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Chinese investment in U.S. residential and commercial real estate has surged in recent years, with Chinese buyers acquiring more than $93 billion worth of residential real estate and $17.1 billion worth of commercial properties between 2010 and 2015, according to a new report.
Half of those commercial transactions and one-third of the residential deals took place last year alone, with San Francisco one of the key locations for investment. And analysts say the numbers are likely to continue rising in the years ahead (amerikanisches roulette).
The investment data comes from a report titled “Breaking Ground: Chinese Investment in U.S. Real Estate,” which was released Tuesday in San Francisco by the Asia Society, which co-authored the report along with the Rosen Consulting Group.
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